Israel Antitrust Authority

Israel Antitrust Authority (IAA)

The Israel Antitrust Authority is responsible for promoting competition in Israel and for preserving existing competition in the economy. In recent years, the Antitrust Authority has begun to focus on centralization in the market, in accordance with the Law for Promotion of Competition and Reduction of Concentration, in an attempt to reduce market-wide concentration in the Israeli economy. The Authority’s initiatives impact many different fields and sectors in the market. It strives to promote competition in the finance (banking, insurance, pension, etc.) and media sectors, and in industries such as food, retail, transportation, healthcare, infrastructure and environment protection, energy and more. These diverse activities and initiatives are made possible thanks to a quality, professional, dedicated staff that works day and night to maintain and promote competition in the market. The Antitrust Authority is authorized to enforce many different regulations, which it does in accordance with the policies that it formulated over the years and with the guidelines that it publishes. These criminal enforcement tools are utilized by the Antitrust Authority to investigate and prosecute cartel crimes and tender coordination. In recent years the Antitrust Authority was also granted the authority to impose monetary sanctions, which it uses in accordance with its manifesto that emphasizes how violation of the law interferes with competition. In addition to these tools, the Authority may declare that a law has been broken, give orders to the monopoly owner, define terms for mergers and exemptions, and more. One of the most fundamental recent developments in the Authority is its productive collaborations with other government organizations, including consultations for the government as well as activities related to the Concentration Law.

Articles

44 Bulletin

Israel Antitrust Authority The Jerusalem District Court sentences to imprisonment a member of a tree-pruning cartel following a joint investigation of the Competition Authority and the National Fraud Investigations Unit (Zohar Katz)

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The Jerusalem District Court sentenced a member of the tree-pruning cartel to 11 months’ imprisonment* The Jerusalem District Court (Judge A. Rubin) sentenced today (Wed.) the defendant Zohar Katz to 11 months’ imprisonment, a fine of NIS 100,000 and forfeiture of an additional sum of NIS (...)

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